Availability, high quality of and entry to infrastructure; price of telecommunication services, and administration expertise stood out as the highest three most improved enterprise elements this yr.
This was captured within the 2025 Enterprise Surroundings and Competitiveness Survey Report by the UK Ghana Chamber of Commerce (UKGCC)
Additionally, the effectiveness of the political system joined the checklist, highlighting respondents’ appreciation of the largely secure and honest current normal elections on the finish of 2024.
This yr’s prime 5 most-declined components had three new entrants in comparison with final yr’s survey, apart from corruption, which was primary final yr however dropped to fifth on this yr’s survey, and the price of energy, which was fifth final yr, however climbed to 3rd.
Taking a fowl’s eye view of the survey outcomes over the 5 years from 2021 to 2025, the advance within the normal notion of enterprise executives of the enterprise surroundings in Ghana is obvious.
As an example, within the 2021 UKGCC Enterprise Surroundings and Competitiveness Survey (UKGCC BECS), on common, one in every of 5 survey respondents (21.3%) perceived particular person elements of the enterprise surroundings to be in “declining mode”.
Notion About Corruption
Notably, perceptions about corruption in authorities have improved essentially the most, however views about regulatory frameworks didn’t fare as properly.
Comparatively, extra respondents recommended that entry to capital improved throughout the enterprise yr surveyed. Equally, greater percentages of respondents reported that the prices of capital and land had been extra beneficial within the surveyed yr in comparison with the previous yr.
The report indicated that improved entry to finance incentivises companies to spend money on development initiatives and pursue innovation. This enchancment is indicative of renewed enterprise confidence and improved monetary market situations signalling companies to create long-term worth.
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DISCLAIMER: The Views, Feedback, Opinions, Contributions and Statements made by Readers and Contributors on this platform don’t essentially signify the views or coverage of Multimedia Group Restricted.
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